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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rasmala | LSE:RMA | London | Ordinary Share | GB00BNG83T81 | ORD 50P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 135.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMRMA
RNS Number : 9951J
Rasmala PLC
10 December 2018
10 December 2018
Rasmala PLC
("Rasmala" or the "Company")
Company update
The Company notifies that it is currently in negotiations to dispose of a non-core asset which generated a net profit of GBP0.5 million in the year to 31 December 2017. Whilst there is no certainty of the outcome, a disposal would be expected to generate a profit in excess of GBP2 million. The sale proceeds would be re-invested into operations.
Enquiries:
Rasmala PLC Tel: +44 (0)20 7847 9900 ----------------------------- ------------------------- Zak Hydari, CEO ----------------------------- ------------------------- Stockdale Securities Tel: +44 (0)20 7601 6100 ----------------------------- ------------------------- Antonio Bossi / David Coaten ----------------------------- -------------------------
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
UPDBDBDDRUBBGIG
(END) Dow Jones Newswires
December 10, 2018 07:59 ET (12:59 GMT)
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